Im a new investor. I started with Acorns and Betterment about two years ago, closed both accounts last year and opened a betterment account. Obviously Ive never faced a steep market correction or an all out crash caused by a sector bubble bursting like housing in 08 and the dotcom bubble in 99/00. So what do truly savvy investors do during a crash like that which occurred in 2008? Do you cash out when the markets fall to a certain number, do you move into bonds, do you keep buying knowing it will bounce back eventually. Is staying the course during a crash something easier said then done? If the markets lost 25% of their value over the next month what would you do?
Submitted July 27, 2017 at 03:54PM by 0berynMartell http://ift.tt/2vNqdXE
